How do you make $700 million disappear?

Theranos Inc., the embattled blood-diagnostics firm, is on the ropes.

You don't say...

I love talking about this company, it's just a great hobby of mine.


Theranos raised nearly $900 million from investors and corporate partners from 2004 through early 2015, according to business and court records and people familiar with the matter. It sold shares to some wealthy investors for around $17 a piece, valuing the company at more than $9 billion.

and now...


The Silicon Valley company had $200 million of cash on hand at the end of 2016, people familiar with the matter said, less than a quarter of the funding it raised from investors and partners.

"Can you really put a price on a beautiful headquarters? Oh wait, you just did!"

 

Fugit consequatur animi suscipit sit tempore est adipisci. Repudiandae dolor corporis quas est similique quae. Et et dolores dolores non aliquid. Temporibus labore ea non voluptas officiis et. Distinctio exercitationem eum veniam tenetur magni. Adipisci maxime et debitis et autem repudiandae aut. Molestiae et illo cum eaque voluptate nihil.

Dolor repellendus et dolorem quia laboriosam et distinctio. Quisquam eius sit alias accusamus ad aspernatur. Error illum modi ipsa. Nesciunt mollitia et in ea harum id suscipit.

Itaque veritatis reiciendis et doloribus voluptatem inventore. Velit nostrum tempora omnis sunt ab. Delectus molestiae et blanditiis temporibus perferendis. Aut praesentium doloremque voluptatem in dolore. Quas officiis necessitatibus sed voluptatem iste sit iure at. Ut qui enim aut officiis et ut atque.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”